BOL: Foreigners continue to invest in Israel

Foreign direct investment in October totaled $1.87 billion, and has totaled $8.1 billion since January 2007
 
The Bank of Israel (BOL) announced last week that total direct and portfolio investment by nonresidents in October amounted to $1.25 billion, more than 10% of the total $9.3 billion investments made since the beginning of 2007.
 
The BOL reported that non-residents' investments in Israel continue to be strong, following a trend of large amounts of total direct and portfolio investments, which totaled $22.5b in 2006 and $8.6b in 2005. Foreign direct investment in October totaled $1.87 billion, and has totaled $8.1 billion since January 2007. 
 
The BOL noted that the October investment figure was largely impacted by the purchase by a nonresident of an Israeli communication equipment producer. The BOL also noted that direct investment abroad by Israeli investors reached $110 million in October and has reached $5.1 billion since January 2007.